Finance officials con Releases from Europe: February Forecast ActualGerman CPI (F) (MoM) +0.5% +0.5%German CPI (F) (YoY) +2.8% +2.8% German CPI for February was confirmed as unchanged from the provisional reading and leaves a vacuum until this afternoon’s U.S. CPI. Europe’s attempt at selling the Dollar have not really come to very much but the risk is [...]
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Asia assumes the habit of selling Dollars News in the Asian session: With no economic releases from Asia the session has been relatively quiet but retaining a Dollar bearish tone following the late recovery yesterday. Finance officials have kept up their rhetoric and voicing their concerns about the excessive fall in the Dollar. Juncker considers [...]
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Dollar selling has become a habit… European releases overnight: February Forecast Actual Italian CPI (MoM) +0.3% +0.2%Italian CPI (YoY) +2.9% +2.9% Rather scattered news from Europe overnight. The ECB published its monthly bulletin with the headline statement: “The firm anchoring of medium- to long-term inflation expectations is of the highest priority…the Governing Council believes that the [...]
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Central bankers get agitated as Dollar-Yen reaches a 12 year low There have been no releases from Europe The following economic releases are due today: JanuaryU.S. Business Inventories (MoM) +0.4% FebruaryItalian CPI (MoM) +0.3%Italian CPI (YoY) +2.9%U.S. Import Price Index (MoM) +0.8%U.S. Import Price Index (MoM) NAU.S. Advanced Retail Sales (MoM) +0.2%U.S. Retail Sales [...]
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Dollar remains under pressure in Asian trading Releases from Australia: Australia – February Forecast ActualEmployment Change 15.0K +36.7KParticipation Rate 65.2% 65.2%Unemployment Rate 4.2% 4.0% There seems to end to the strength of Australia’s employment market which has seen jobs grow again, this time by a healthy 36.7K in February and bringing the total unemployed to a new [...]
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The brief spell of hope dissipates as the market resumes Dollar selling European releases overnight: January Forecast ActualU.K. Visible Trade Deficit GBP -7.50bn -7.50bnU.K. Total Trade Deficit GBP -4.60bn -4.15bnEuro-zone Industrial Production (MoM) +0.4% +0.9% Euro-zone Industrial Production (YoY) +2.6% +3.8% MarchSwiss ZEW Survey: Expectations - 55.6 (prior) – 71.7 Yesterday’s releases speak for themselves. Her Euro-zone has [...]
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